Nifty view
Nifty future gained 1% yesterday as it closed at 7862 gaining more than 75 points in trading session . Today if index future click our intraday resistance at 7905 and sustain above our hurdle then expect market to fire upto 7960 – 7999 today .
If nifty future click our chart support at 7810 and sustain below our intraday support then expect market to correct upto 7750 – 7700 in today’s trading session .
Banknifty view
Banknifty future gained approx 150 points fromits last closing in yesterday’s trading session . Now if banking index future break our chart resistance at 16960 and sustain above our hurdle then expect market to zoom upto 17100 – 17300 today .
If banknifty future click our chart support at 16700 and sustain below our today’s support then expect market to correct upto 16550 – 16400 today .
Nifty Banknifty view conclusion : Trend is positive for now . Avoid any selling trade .
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